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Posted on 08/05/2025

Malaysian Dollar Store Eco-Shop Sets IPO Price at Lower End of Range, Sources Say

Eco-Shop is set to price its initial public offering at the lower end of its guidance range, valuing the company at close to $1.5 billion, people familiar with the situation said.

Posted on 08/05/2025

Indonesian Billionaire’s Chandra Asri Expands In Singapore With Chevron Phillips Deal

The latest acquisition bolsters Chandra Asri’s position in Singapore where the group also operates an oil refinery, an ethylene cracker and a petrochemical plant.

Posted on 08/05/2025

SeaMoney rebrands to Monee, opens new headquarters for Sea group’s digital financial services

SINGAPORE] Sea’s digital financial services arm has rebranded from SeaMoney to Monee, an umbrella segment for all of Sea’s digital financial services. Read more at The Business Times.

Posted on 08/05/2025

BNB a “tortoise” in growth, but likely to offer steady returns: Standard Chartered

Standard Chartered's Geoff Kendrick believes that BNB will be capable of reaching price level heights of US$1,275 by end-2025 ...

Posted on 08/05/2025

Asian banks see big boost to wealth business as currencies rally

By Selena Li, Yantoultra Ngui and Anton Bridge HONG KONG/SINGAPORE (Reuters) -A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to U.S ...

Posted on 08/05/2025

Sea rebrands its fintech arm to Monee, a ‘cute’ name for an increasingly important business

The tech giant’s fintech division, formerly known as “SeaMoney”, will now get a much shorter title: Monee. The rebranded division will oversee the tech company’s two digital banks—MariBank in ...

Posted on 08/05/2025

Singapore stocks end lower as investors keep eye on tariff negotiations; STI down 0.4%

Venture Corp is top gainer on the index; Mapletree Logistics Trust ranks bottom. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

DBS to roll out new switch to prevent phished card details from being added to mobile wallets

Previously, anyone could add stolen card details to their phones if they also phished the user’s SMS OTP. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Singapore signals commitment, policies to draw green dollar during Ecosperity Week

Economic uncertainties may persist, but climate change is still something we have to prepare for. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Governments, insurers and innovative finance needed to reduce risks of Asean power grid

South-east Asia faces a green investment gap of more than $272 billion a year. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 08/05/2025

Singapore’s DBS Q1 profits dip 2% amid Trump headwinds

SINGAPORE -- Singaporean lender DBS Group Holdings, Southeast Asia's largest bank by assets, on Thursday reported a 2% year-on-year fall in its first quarter net profit as it prepares for economic ...

Posted on 08/05/2025

Best Credit Card Promotions in Singapore (May 2025): Citibank, DBS, HSBC, UOB, and More

This May, sign up for a credit card and you could walk away with welcome gifts like: Apple 10.9-inch iPad 10th Gen WiFi 64GB (worth $499) Sony WH-1000XM5 Wireless Noise Cancelling Headphones (worth ...

Posted on 08/05/2025

DBS boosts allowance reserves amid uncertainties, Q1 profit beats views

Singapore's biggest bank, DBS Group, boosted its general allowance reserves amid heightened macroeconomic and geopolitical uncertainty on Thursday after posting a 2% year-on-year drop in first-quarter ...

Posted on 08/05/2025

DBS cautious about 2025 after Q1 profit beats expectations

By Yantoultra Ngui SINGAPORE (Reuters) -Singapore lender DBS Group flagged risk from heightened uncertainty and softer non-interest income growth for 2025 after posting on Thursday a 2% drop in ...

Posted on 08/05/2025

Singapore’s Sea bets on fintech growth with new headquarters

SINGAPORE -- Singaporean tech group Sea on Wednesday opened its new global headquarters for digital financial services, signaling a deeper push into the growing fintech business as the company ...

Posted on 08/05/2025

Tech giant Sea opens new digital finance headquarters in Singapore

SINGAPORE: Tech company Sea Limited on Thursday (May 8) opened its new headquarters in Singapore for its digital financial services business. The company runs digital financial platforms including ...

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